PLD vs VICI: Which Is the Better Dividend Stock?
As of Nov 5, 2026, PLD and VICI are closely matched. VICI offers the higher yield at 7.29%, PLD has the higher dividend-safety score, and VICI looks like the better value (its fair-value estimate is 110% above its share price).
Key facts: PLD vs VICI
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, VICI Properties Inc. (VICI) has the higher forward dividend yield at 7.29%, versus 3.26% for Prologis, Inc. (PLD).
- As of Nov 5, 2026, SmarterDividends grades PLD's dividend safety B (78/100) and VICI's B (74/100).
- By SmarterDividends' count as of Nov 5, 2026, PLD has raised its dividend for 12 consecutive years and VICI for 7.
- As of Nov 5, 2026, PLD pays out 93% of its earnings as dividends and VICI pays out 84%.
- As of Nov 5, 2026, PLD's fair-value estimate is 41% below its share price and VICI's fair-value estimate is 110% above its share price, so VICI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLD vs VICI: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/pld-vs-vici
| Metric | PLD | VICI |
|---|---|---|
| Forward yield | 3.26% | 7.29% |
| Annual dividend | $4.28 | $1.84 |
| Payout ratio | 93% | 84% |
| Years of growth | 12 yr | 7 yr |
| 5-yr dividend growth | 11.7% | 7.1% |
| 5-yr total return | -15% | -10% |
| Dividend safety score | 78 (B) | 74 (B) |
| Fair value estimate | $76.31 | $52.80 |
| Upside to fair value | -41% | +110% |
| Frequency | quarterly | quarterly |
| Market cap | $126.2B | $27.6B |
| P/E ratio | 28.6 | 11.6 |
Higher yield
VICI
7.29%
Safer dividend
PLD
Grade B
Faster growth
PLD
11.7%
Better value
VICI
+110% upside
PLD vs VICI — FAQ
Is PLD or VICI a better dividend stock?
PLD and VICI are closely matched. VICI has the higher yield; PLD scores better on safety.
Which has a higher dividend yield, PLD or VICI?
VICI has the higher forward dividend yield at 7.29%, versus 3.26% for PLD.
Is PLD or VICI safer?
PLD has the higher dividend-safety score (78/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.
Is PLD or VICI better value right now?
As of Nov 5, 2026, VICI looks like the better value: its fair-value estimate is 110% above its share price (undervalued). For PLD, its fair-value estimate is 41% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.
